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Power to dissolve society after investigation

Cap. 310, s. 42 · Revised Edition 2020

(1) On the application in writing of one-tenth of the whole number of members of any society, or of one hundred members in the case of a society of more than one thousand members, setting forth that the society is unable to meet the claims of its members, and that it would be for their benefit that it should be dissolved, and requesting an investigation into the affairs of the society with a view to the dissolution thereof, the Registrar General may investigate the affairs of the society, but shall before doing so give not less than two months’ previous notice in writing to the society at its registered chief office or place of meeting. (2) Subject to subsection (3) of this section, if on such investigation it appears that the society is unable to meet the claims of its members, and that it would be for their benefit that it should be dissolved, the Registrar General may, if he considers it expedient to do so, award that the society be dissolved, and shall direct in what manner the affairs of the society are to be wound-up. (3) The Registrar General may suspend his award for such period as he may deem necessary to enable the society to make such alterations of its rules as will in his judgment prevent the necessity of the award being made. 24 (4) The Registrar General shall, within twenty-one days after the making of any award for dissolution under this section, cause notice thereof to be advertised in the Gazette.

Amended by: 18 of 1982

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